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Panic of 1907 also known as the 1907 Bankers Panic. The scene of Harrimans Great
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Panic of 1907 also known as the 1907 Bankers Panic. The scene of Harrimans Great
Panic of 1907 also known as the 1907 Bankers Panic.
The scene of Harrimans Great financial operations.
The view is looking up Broad Street to Wall Street, with the Stock Exchange beyond to the left of the cabs. In the foreground is the Curb Market, where Mr Harrimans brokers brought and sold millions of Northern Securities stock. The one storeyed building, with Doric columns, in the background apparently jutting into the street, is the Sub-Treasury building. In front of it is the office of J.P. Morgan and Company.
23 March 1907
TopFoto independent historic photographs and images all subjects and eras
Media ID 11262305
© TopFoto.co.uk
EDITORS COMMENTS
This print captures the chaotic atmosphere of the Panic of 1907, also known as the 1907 Bankers Panic. The scene showcases Harriman's Great financial operations unfolding on Broad Street, with Wall Street and the Stock Exchange visible in the distance. In this bustling setting, cabs traverse the street while brokers engage in intense buying and selling activities at the Curb Market. The eye is immediately drawn to a one-story building adorned with majestic Doric columns that seemingly protrude into the street. This architectural gem is none other than the Sub-Treasury building, an iconic symbol of power and finance during that era. Positioned right in front of it stands J. P. Morgan and Company's office, further emphasizing their influential role in shaping America's financial landscape. Taken on March 23rd, 1907 by Between The Wars for TopFoto, this image transports us back to a time when economic uncertainty gripped society. It serves as a poignant reminder of how even titans like Harriman were not immune to market volatility. As we gaze upon this historical snapshot frozen in time, we are reminded of both the resilience and fragility inherent within our global financial systems. It prompts us to reflect on past crises while contemplating how they have shaped our present-day understanding of economics and risk management.
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